Who are some LEGIT Retails that "made it"?

[newwurldmn]

The devil is in the details. Specifically, I said, "It's only these last two years we've had anything that resembles a traders market in equities.".

What I mean by that is that the volatility have been heightened with plenty of sizeable swings both up and down which makes it a good market for short term traders.

Prior to that, we've had a massive central bank fueled bull market where plenty of people have made money simply by being in the market. Which requires little to no skill at all.

I never disputed any of your statements. I was just curious about how the people you quoted made their pile. Arguably, there's a huge difference in terms of skill set between buy and hold and actively trading.

If you bought certain stocks around 2000 you'd be breakeven 8 years later. I know a guy who's done incredibly well just by investing starting out (randomly) in 2009. Nothing spectacular about his strategy, but he was lucky to get started at a very opportune time.

Since 2013
We’ve had many swings:
2015/2016
2018
2020
2022

But there are smaller ones too.
There are individual earnings, economic releases.

this week alone we sold off like 2%.

As I think about this thread: if you aren’t a millionaire after 10 years, you are doing it wrong.

 

[hilmy83]

Since 2013
We’ve had many swings:
2015/2016
2018
2020
2022

But there are smaller ones too.
There are individual earnings, economic releases.

this week alone we sold off like 2%.

As I think about this thread: if you aren’t a millionaire after 10 years, you are doing it wrong.

Now i'm depressed....

 

[Overnight]

...gutted by relationship betrayal being one that causes most trauma.

I hear that, man. It ranks up there at the top.

 

[murray t turtle]

they don't exist

%%
LOL Then maybe some want to try not to define ''trading in such a a narrow field''
ONLY in public trading have i seen people actually bragg about breakin' even LOL

 

[Laissez Faire]

Since 2013
We’ve had many swings:
2015/2016
2018
2020
2022

But there are smaller ones too.
There are individual earnings, economic releases.

Minor and short lived swings in the grand scheme of things, yes?

this week alone we sold off like 2%.

Yes, it's a trader's market now. Long only traders have felt the pain these last two years.

As I think about this thread: if you aren’t a millionaire after 10 years, you are doing it wrong.

Well, that much goes without saying, I suppose.

If I could have turned back time, I'd focused on swing trading and investing when I first started out. In fact, that is how I did start out and made a decent pile relatively speaking, but I was stupid enough to pursue day trading. Who knows, I may not have been a millionaire, but I should have been better off than I am now.

 

[destriero]

You and I both know a few “young-ins” who will be worth nine figures before they are done.

He attributes his success to listening to you to stop putzing around and go concentrated when the edge is there.

 

[newwurldmn]

Minor and short lived swings in the grand scheme of things, yes?

If you are looking for volatilitty and didn't earn on those events then that should tell you something.

In 2016 the futures went limit in the overnight a couple of times.

 

[Rams Fan]

Am I reading this correctly.

Sadly, you are not reading it correctly.

 

[ETJ]

"Sadly, you are not reading it correctly.

You may want to reread your original post.

 

[taowave]

I meant to say that there are guys here who have knocked the cover off the ball,but not by punting or "dumb luck"..

I know one guy on here that turned low 5-figs into $5MM over a few years. I’ve seen the account in real-time. He’s in his mid-20s. I’m not going to divulge his handle but he’s in chat when not traveling.